Google just announced a gigantic new clean energy purchases

A power purchase agreement is, in essence, a long term contract to acquire electricity from a single facility at a fixed rate — over, say, 20 years. Because the purchases are in bulk, they have the potential to be advantageous from a price standpoint. In general, Google tries to buy power in such a way that the electrons can go straight to its data centers, says Terrell, but that isn’t always possible, given the current setup of the grid.

 

Sourced through Scoop.it from: www.washingtonpost.com

See on Scoop.itOil and Gas Development in Lebanon and East Mediterranean

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s